00:00Look, some useful cost-of-living measures, but the Chancellor's flunked all of the big issues.
00:06Debt is up every year of the plan, higher interest that the government is paying on its borrowing.
00:11That means there's not much money as a nation.
00:14He hasn't properly funded defence. Remember, that was the issue that the Chancellor resigned over.
00:19Just getting to 3% of our GDP as defence by 2030, the NATO average.
00:25Hasn't done that. A key test that we were looking for in today's budget.
00:31And overall, the figures published by the OBR in parallel to the budget confirm that Brits are getting poorer.
00:37Household incomes are lower compared with the previous plans.
00:40So a budget of missed opportunities. He hasn't tackled the big issues that fall to the Chancellor's do so.
